Unlike conventional lending standards, SBA loans offer funding for specific business needs as well as real estate and operating capital. SBA loans may allow for: longer terms, more flexible repayment options and lower down payments.
To make it simple, when determining if the appropriate financing should be looked at as an SBA loan, we look for the below three common reasons to acquire SBA financing:
- Collateral Shortfall
- Equity Injection
- Extending Amortization
